A Very Generous Hedge Fund

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A hedge fund run by Chris Hohn, the Brit who led the campaign that ousted the chairman of Deutsche Borse last year, was the UK most generous charitable donor last year.

Accounts just filed show the fund - The Children's Investment Fund (TCI) - gave £50.4m to its charitable arm in the year to 31 August, 2005.
The charity connected to the fund, the Children's Investment Fund Foundation, works to alleviate child poverty in the developing world.
The hedge fund hands over up to 1% of its assets to the charity.

Bet you didn't think we could just tell you story without saying something mean about people who make huge donations to charitable foundations.
Hedge fund 'UK's biggest donor' [BBC]

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